In our example, A, B, C and D each have an outside basis that is exactly equal to their share of the basis of the partnership’s assets – or the “inside basis” – of $250,000.

For example, if a person purchases a partnership interest at a valuation that is higher than the partnership's inside basis, the purchaser's outside basis will be greater than his share of the ...

Outside sales are the sales of products or services by sales personnel who go out into the field to meet with prospective customers.

Why you need inside-outside and rational-emotional talent on you team.